Financial bids for Air India disinvestment received by Transaction Adviser. Process now moves to concluding stage, says DIPAM Secretary
The nod comes at a time when the group has ambitious plans to enter the e-commerce business
Under the plan being proposed, the CEO will guide the sprawling businesses of the 153-year-old Tata empire, while the chairman will oversee the chief executive on behalf of shareholders, say sources
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The shareholders will vote on raising fresh debt when group has made ambitious plans to make big splash in e-commerce and buying Air India from central govt
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Telecom, airline businesses continue to remain a drag for holding company
The operational revenue of Tata Sons fell by 62% to Rs 9,460.24 crore in FY21 as against Rs 24,770.46 crore reported in the previous year
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The shareholders will vote on the proposal on September 14 at the company's annual general meeting
Online meeting is scheduled to take place on Sept 14
Goyal's comments on Tata came after the conglomerate was reportedly among most vociferous in telling the govt that proposed e-commerce rules will have a major impact on its business
Tata Sons Chairman N Chandrasekaran on Tuesday met Finance Minister Nirmala Sitharaman
The shares were bought at an average price of Rs 258, aggregating the transaction size to Rs 193.5 crore
Tejas Networks said Panatone and some other companies of the Tata Group would make a public announcement to acquire up to 40.3 million equity shares of Tejas Networks
Panatone Finvest Limited, a subsidiary of Tata Sons, will buy a 43.3 per cent stake in the telecom related services firm for Rs 1,850 crore
Ex-TCS, group posted net loss for the third straight year in FY21
Appoint Bain, Seabury Group; ask 1K+ questions covering various aspects
Their renewable energy and retail plans offer contrasting strategies; if they pan out, the consumer is the guaranteed winner
Has approached foreign banks for a Rs 5,000-crore bridge loan